The Tax Adviser

Changing an existing LLC’s federal income tax classification

LLCs changing from partnership tax treatment to corporation or vice-versa may encounter issues including gain recognition.
GOBankingRates on MSN

I’m a Tax Expert: 5 Smart Moves To Prepare For Tax Changes Under Trump’s Big Beautiful Bill

The One Big Beautiful Bill comes with new tax provisions that will immediately affect taxpayers retroactive to the start of ...

CT House GOP pitches $700-per-filer middle class income tax cut

Instead of spending $500 million to offset federal cuts, CT's GOP leaders asked, why not use the money to cut state income ...
Brooklyn Daily Eagle

Adams proposes sweeping tax cuts for working-class families

CITYWIDE — Mayor Eric Adams announced his plan to “Axe the Tax for the Working Class,” a proposal to bring New York City Personal Income Tax relief to working-class families. “This ambitious plan will ...